1 September 2012 10:31 AM, PDT | The Wrap | See recent The Wrap news »

Peter Jackson's third "The Hobbit" film will debut July 18, 2014, Warner Bros. and MGM announced on Friday. Jackson, MGM and New Line, a subsidiary of Warner Bros., decided in July to split the adaptation of J.R.R. Tolkien's iconic book, initially planned as two films, into three. The first film, "The Hobbit: An Unexpected Journey," bows Dec. 14 while the second film, now titled "The Desolation of Smaug," is set for Dec. 13, 2013. Unlike those two, the third installment, "There and Back Again," gets a summer release date. With blockbuster franchises like "Harry Potter" »

- Lucas Shaw

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